Ke Heng Corporation: The first-instance judgment of the lawsuit filed by the holding subsidiary, the other party may pay 37.1911 million yuan.

Keheng Group announced that its controlling subsidiary Shenzhen Haoneng filed a lawsuit against Chongqing Xinyu Financial Leasing Co., Ltd. for a sales contract dispute. The first instance judgment ruled that Chongqing Xinyu should pay Shenzhen Haoneng equipment fees and warranty fees of 36.545 million yuan, as well as overdue payment liquidated damages. As the appeal period is still ongoing, the final impact on the company's profits is uncertain. In addition, another lawsuit filed by Shenzhen Haoneng has been withdrawn and settled, and the previously provisioned bad debt reserves will be reversed.